Price for Horses; Live, Pure-Bred Breeding Animals in Spain - 2023

Contents:

  1. Price for Horses; Live, Pure-Bred Breeding Animals in Spain (FOB) - 2023
  2. Price for Horses; Live, Pure-Bred Breeding Animals in Spain (CIF) - 2022
  3. Exports of Horses; Live, Pure-Bred Breeding Animals in Spain
  4. Imports of Horses; Live, Pure-Bred Breeding Animals in Spain

Price for Horses; Live, Pure-Bred Breeding Animals in Spain (FOB) - 2023

In July 2023, the average export price for horses; live, pure-bred breeding animalses amounted to $16,213 per unit, rising by 48% against the previous month. Over the period under review, the export price recorded prominent growth. The growth pace was the most rapid in January 2023 when the average export price increased by 273% against the previous month. The export price peaked at $20,922 per unit in October 2022; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($104K per unit), while the average price for exports to the United States ($6,467 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Horses; Live, Pure-Bred Breeding Animals in Spain (CIF) - 2022

The average import price for horses; live, pure-bred breeding animalses stood at $23,877 per unit in 2022, growing by 18,352% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($107,322 per unit), while the price for Belgium ($1,735 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+188.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Horses; Live, Pure-Bred Breeding Animals in Spain

In 2022, the amount of horses; live, pure-bred breeding animalses exported from Spain expanded remarkably to 1.2K units, picking up by 8.1% on the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, horses; live, pure-bred breeding animals exports fell to $8.8M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. The exports peaked at $9.5M in 2021, and then fell in the following year.

Export of Horses; Live, Pure-Bred Breeding Animals in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico3742,7651,9824,532129.7%
United States1,1162,1331,7481,95120.5%
France0.6591751598898.9%
Netherlands3,31253.9633514-46.3%
Italy3.65981,840262317.5%
IrelandN/A1,2020.1227-56.5%
Germany7.417.71,107171184.8%
Belgium21811417692.5-24.9%
Guatemala101N/A30972.8-10.3%
LibyaN/A219N/AN/A0%
Others1,815464922346-42.4%
Total6,9488,1599,4688,7678.1%

Top Export Markets for Horses; Live, Pure-Bred Breeding Animals from Spain in 2022:

  1. Mexico (1613.0 units)
  2. Italy (561.0 units)
  3. United States (401.0 units)
  4. France (379.0 units)
  5. Netherlands (204.0 units)
  6. Ireland (85.0 units)
  7. Germany (67.0 units)
  8. Guatemala (48.0 units)
  9. Belgium (9.0 units)

Imports of Horses; Live, Pure-Bred Breeding Animals in Spain

In 2022, supplies from abroad of horses; live, pure-bred breeding animalses decreased by -99.6% to 150 units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 23,216% against the previous year. As a result, imports reached the peak of 99K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, horses; live, pure-bred breeding animals imports declined notably to $3.6M in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 128% against the previous year. Over the period under review, imports attained the peak figure at $5.4M in 2021, and then declined markedly in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands84.04877851,092135.1%
Germany78.464.6663848121.2%
PortugalN/A4.31.7496974.0%
Sweden0.318.337.34231021.3%
IrelandN/A773N/A295-38.2%
Belgium1,51178.32,646250-45.1%
Others39.72,4801,30217764.6%
Total1,7143,9065,4353,58127.8%

Top Suppliers of Horses; Live, Pure-Bred Breeding Animals to Spain in 2022:

  1. Belgium (144.0 units)
  2. Netherlands (91.0 units)
  3. Portugal (90.0 units)
  4. Ireland (50.0 units)
  5. Sweden (18.0 units)
  6. Germany (8.0 units)

Source: IndexBox Market Intelligence Platform

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